Triangle Spotted on Asian Paints - 4H Chart
Hey folks,
Its end of the weekend. Hope you all had a wonderful trading week.
Asian Paint seems to be forming a Triangular Pattern with a key level supply zone 1710, 1715 levels. Breaking that level will see the price to test the above trendline.
Nifty is forming a parallel channel. Any break in Nifty will have its impact on Asian Paints too. Lets remain Neutral and wait for Breakouts/Breakdowns. (Find the parallel channel in Nifty 1H)
Have a Good Weekend. Leave your comments below.
Cheers.
Its end of the weekend. Hope you all had a wonderful trading week.
Asian Paint seems to be forming a Triangular Pattern with a key level supply zone 1710, 1715 levels. Breaking that level will see the price to test the above trendline.
Nifty is forming a parallel channel. Any break in Nifty will have its impact on Asian Paints too. Lets remain Neutral and wait for Breakouts/Breakdowns. (Find the parallel channel in Nifty 1H)
Have a Good Weekend. Leave your comments below.
Cheers.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.